Rumor has it that the Blackberry Storm 3 has been canceled. According to BBLeaks's source, RIM has killed their 3.7 inch display refresh:
Thank you for your hard work and diligence in preparing your application to support the upcoming hardware refresh of the BlackBerry Storm2 smartphone (model number 9570, codename R027). Regrettably, RIM has decided not to pursue this device further and has ended the program.
However, rest assured that you will have the opportunity to leverage the work you've put in thus far in preparing for the new OS, as BlackBerry 6 will be making its way to more Verizon products in the near future, including the BlackBerry Bold 9650 and the BlackBerry Curve 9330.
Good news perhaps? The Storm wasn't that good of a phone and had too many flaws. Hopefully, RIM is on to something even better than the Storm, or the Torch even. [BBLeaks via TechRadar]